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Onyx V2

Sep 26, 2024

$3.8M
Lost
$3.8M
Recovered
$0
Net loss
$3.8M
Unrecovered0% recovered

8M via decimal precision vulnerability in its low-liquidity VUSD market. Attackers used a Balancer flashloan to manipulate exchange rates by minting and redeeming oETH, then exploited missing validation in the NFTLiquidation contract to drain value through self-liquidation rewards.

Target
DeFi
Classification
Protocol Logic
Technique
Liquidation Logic Flaw
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Sep 26, 2024
    Exploit executed — $3.8M drained via liquidation logic flaw
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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